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3605-3615 S Knox Court

Denver, CO 80236
  • $2,700,000
  • STATUS: Pending
  • ON SITE: 140 Days
  • MLS #: 2771054
Under Contract
UPDATED: 161 min ago
$2,700,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,380
    SQFT
  • $237
    $/SQFT
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

REcolorado logo Offered by Kaufman Hagan.

Description

The Knox Apartments are an 18-unit, cosmetic value-add opportunity consisting of two buildings strategically located in a quiet neighborhood on the outskirts of Sheridan, CO, and easily accessible to major city thoroughfares. Upgrades to both the exterior and interior of the property present new ownership with flexible value-add options. All units have undergone renovations featuring updated bathrooms and kitchens, as well as new luxury flooring, contemporary light fixtures, interior paint, windows, doors, and trim. 36053615 S Knox Ct boasts the opportunity to increase NOI through a fresh approach to both asset and property management. With current rents lagging market rates, a new operator can optimize operations and maximize returns by implementing concepts proven successful at surrounding properties. HIGHLIGHTS - Two 9-unit apartment complexes (18 units total) with diverse unit mixes - Located in a quiet neighborhood close to Sheridan and River Point, where nearby restaurants/ retailers include Costco, Target, Chick-Fil-A, Panera, and more - Beautifully maintained landscaping - All units have seen some upgrades including flooring, lighting, bathroom vanities, countertops, appliances, cabinets

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Century 21 Elevated Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.century21elevated.com/homes/151884620
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3605-3615 S Knox Court Denver, CO 80236

  • Price: $2,700,000
  • Status: Pending
  • On Site: 140 Days
  • Updated: 161 min ago
  • MLS #: 2771054
0
Beds
0
Baths
0
½ Baths
0.58
Acres
11,380
SQFT
$237
$/SQFT
1977
Built
County:
Arapahoe
Area:
Denver
Property Description
The Knox Apartments are an 18-unit, cosmetic value-add opportunity consisting of two buildings strategically located in a quiet neighborhood on the outskirts of Sheridan, CO, and easily accessible to major city thoroughfares. Upgrades to both the exterior and interior of the property present new ownership with flexible value-add options. All units have undergone renovations featuring updated bathrooms and kitchens, as well as new luxury flooring, contemporary light fixtures, interior paint, windows, doors, and trim. 36053615 S Knox Ct boasts the opportunity to increase NOI through a fresh approach to both asset and property management. With current rents lagging market rates, a new operator can optimize operations and maximize returns by implementing concepts proven successful at surrounding properties. HIGHLIGHTS - Two 9-unit apartment complexes (18 units total) with diverse unit mixes - Located in a quiet neighborhood close to Sheridan and River Point, where nearby restaurants/ retailers include Costco, Target, Chick-Fil-A, Panera, and more - Beautifully maintained landscaping - All units have seen some upgrades including flooring, lighting, bathroom vanities, countertops, appliances, cabinets
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials Brick Lot Size Area 25265 Offstreet Spaces 24 Parking Total 24 Roof Other Rv Spaces 0 Structure Type Low Rise (1-3)

Property Features

Actual Annual Net Income 162669.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Building Features Laundry Comparable Listing YN No Contingency None Known Exclusions Any and all private property. Gross Income 236581 Listing Terms CashConventional Operating Expense 73912 Operating Expense Includes InsuranceMaintenancePersonal Property TaxProfessional ManagementReal Estate TaxUtilities Property Sub Type Multi-Family Sewer Public Sewer Tax Annual Amount 9465 Tax Legal Description LOTS 15-16 BLK 7 SHERIDAN 1ST ADD Tax Year 2022 Water Included YN Yes Zoning B-1

REcolorado logo Listing courtesy of Kaufman Hagan:avollert@khcommercial.com,650-740-9570. MLS #2771054


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Century 21 Elevated Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Century 21 Elevated Real Estate
1001 Bannock Street
Denver CO, 80204
REcolorado logo Offered by Kaufman Hagan.